‘The Signal We’ve Been Waiting For’: Analytics Firm Says Bitcoin Laying the Groundwork for the Next Leg Up

A market intelligence firm says that Bitcoin ( BTC ) is flashing signs of an upcoming rally to the upside.

In a new thread on the social media platform X, the crypto analytics firm Bitcoin Vector tells its audience that liquidity cautiously returning to the top crypto asset by market cap is a sign of an upcoming bull market.

“The signal we’ve been waiting for:

• Bitcoin liquidity has shown its first meaningful expansion in June after reaching a three-year low.
• With BTC consolidating below its ATH, liquidity supports any sustained upside.
• While not a breakout, it’s a constructive shift.

Capital is cautiously returning, laying the groundwork for the next leg.”

Source: Bitcoin Vector/X

According to the crypto intelligence firm, BTC is displaying a pattern that has historically led to gains.

“Structure shift + price momentum: a duo we want to see.

• A potential Bitcoin leg up begins with this setup: Bullish momentum + structure shift confirmation (highlighted in blue).
• We just triggered the same pattern again.
• This setup historically leads to strong upside.”

Source: Bitcoin Vector/X

Bitcoin Vector goes on to note that the crypto king has been outperforming Ethereum ( ETH ) – the second-largest digital asset by trading volume – over the last year, meaning that ETH is now “undervalued and under-owned” and in “catch-up mode.”

“Over the past year, BTC outperformed ETH massively:

• BTC rose +74% while ETH fell -28%
• But that strength has come at a cost
• BTC’s dominance is stretched, while ETH is now under-owned, undervalued, and in catch-up mode.

Rotation season is near.”

Source: Bitcoin Vector/X

Bitcoin is trading for $107,140 at time of writing, while Ethereum is valued at $2,434, both marginal increases on the day.

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